It happens to all of us – you sell some shares, get excited, the money gets deposited into your account and … all the documentation gets thrown in a drawer. The attitude of “oh, I’ll remember it’s there” comes into play and life moves on. Now of course, its tax time and your accountant asks [...]

So the 2009-2010 Budget has been released and was there an absolute firestorm in parliament or what ? It was amazing to watch Question Time today and one really wonders how anything is done at all over all the shouting. So all in all, it is clear that the main two words which come out [...]

So just how safe is your bank ? Well Global Finance has released its list of the worlds “Top 50 Safest Banks” and interestingly a number of Australian Banks feature on the list in high ranking places. National Australia Bank (NAB) takes the top place at spot 11 – yes, that 11th in the world [...]

The RBA has left interest rates on hold today on the back of overnight global woes. Most noticably, the Statement by Glenn Stevens states (in summary) the following:

World economy has remained very weak following decreases in demand late last year
Conditions in global credit markets have improved since November last year, but remain fraigle
Demand has not [...]

I thought it would be useful to look at some of theories of capital structure and what their purpose is, how they apply to companies and whether we really need to know about them as investors. Evidently, the later part of this statement is true – all parts of finance are indeed useful – and [...]